Tci Express Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019
January 27, 2020 at 04:32 am
Share
TCI Express Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 2,692.4 million compared to INR 2,638.1 million a year ago. Net income was INR 255.4 million compared to INR 187.2 million a year ago. Basic earnings per share was INR 6.66 compared to INR 4.89 a year ago. Diluted earnings per share was INR 6.64 compared to INR 4.87 a year ago. For the nine months, total revenue was INR 7,972.2 million compared to INR 7,599.2 million a year ago. Net income was INR 700.7 million compared to INR 510.9 million a year ago. Basic earnings per share was INR 18.27 compared to INR 13.34 a year ago. Diluted earnings per share was INR 18.25 compared to INR 13.32 a year ago.
TCI Express Limited is an India-based company, which is engaged in the carrying express cargo distribution through road, rail, air, and water mode. The Company specializes in offering time definite solutions. Its services include surface express, domestic air express, international air express, e-commerce express, C2C express, rail express, and cold chain express. Its value-added services include safety and security of vehicles through tamper proof locking systems, holiday and late pickup services on demand, key account management, and others. The Company provides end-to-end logistics to the pharmaceuticals industry and order management service to customers. Its e-commerce express provides business-to-business (B2B) on multi model distribution for optimum on time delivery with value added features of cash on delivery. It offers express solutions with over 40000 locations with fully containerized fleet of vehicles. The Company's subsidiary is TCI Express Pte. Ltd.
TCI EXPRESS LIMITED 
